British American Tobacco p.l.c. (LON:BATS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

British American Tobacco p.l.c. (LON:BATS) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 4,758.33.

Several brokerages have recently commented on BATS. UBS Group restated a “buy” rating and set a GBX 5,750 target price on shares of British American Tobacco in a report on Friday, May 29th. Jefferies Financial Group raised their price target on British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a report on Tuesday, June 23rd.

Insider Activity

In other news, insider Serpil Timuray purchased 47 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of GBX 4,372 per share, for a total transaction of £2,054.84. Also, insider Tadeu Marroco purchased 6,036 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average price of GBX 4,426 per share, for a total transaction of £267,153.36. In the last quarter, insiders purchased 11,500 shares of company stock worth $50,239,654. 0.12% of the stock is owned by company insiders.

British American Tobacco Price Performance

Shares of BATS stock opened at GBX 4,755.27 on Tuesday. The stock’s fifty day moving average is GBX 4,518.78 and its 200-day moving average is GBX 4,405.71. The company has a debt-to-equity ratio of 74.60, a quick ratio of 0.47 and a current ratio of 0.87. The stock has a market capitalization of £102.79 billion, a PE ratio of 13.62, a PEG ratio of 3.12 and a beta of 0.13. British American Tobacco has a 52 week low of GBX 3,395 and a 52 week high of GBX 5,326.

British American Tobacco Company Profile

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.